ACQUISITION OF PROJECT LAND OR PROPERTY. 1. The Contractor will adopt and enforce appropriate measures to ensure that prior to the completion date of the project, as defined in Part I, Section C.1., no member of its governing body, nor any of its officers or employees, shall knowingly acquire any financial interest in the project or in any executed or proposed contract or subcontract connected with the undertaking of this project. 2. The Contractor shall take all reasonable steps to ensure that the project property and land in the project area will not be acquired by the Contractor as a part of the project at excessive prices, and to prevent any speculation in the holding of any such land or property. 3. The Contractor will cause any and all instruments to be recorded as necessary in order to protect all of its rights, titles, and interests in and to any project land. 4. Where tenants are or may be displaced through the acquisition by purchase or lease of real property under this contract, the Contractor will make provision for their relocation and hold the Department harmless from any and all claims that may result from such relocation.
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